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Some contractors appoint subcontractors to work under a "pay when paid" clause, sometimes called a "pay if paid" clause, where the general contractor will work with subcontractors and the subcontractors are only paid if and when the general contractor is paid for the work. [6] An example clause from a construction context reads:
Location of Indonesia. Indonesia is a unitary sovereign state and transcontinental country located mainly in Southeast Asia with some territories in Oceania. Indonesia's economy is the world's 16th largest by nominal GDP and the 8th largest by GDP at PPP, the largest in Southeast Asia, and is considered an emerging market and newly industrialised country.
Bakin (Badan Koordinasi Intelijen) - Indonesian Intelligence Coordination body, renamed BIN (Indonesian State Intelligence Agency - Badan Intelijen Negara).. Bakom PKB (Badan Komunikasi Penghayatan Kesatuan Bangsa) - an ethnic Chinese organization, led by Major Sindhunata.
The Indonesian Chamber of Commerce and Industry (Indonesian: Kamar Dagang dan Industri Indonesia) or Kadin is an association of business organisations in Indonesia.Members of this organisation consist of entrepreneurs or a combination of national businesses from various sectors, both private-owned enterprises, cooperatives and government-owned enterprises.
The BUMN Untuk Indonesia ("SOEs for Indonesia") campaign was launched by the Ministry of State Owned Enterprises in April 2020; [1] this logo was introduced together with a rebranding of the Ministry and the introduction of the AKHLAK core values across all state-owned enterprises effective on 1 July 2020.
After Thiess was taken over by CSR in 1980, the overseas operations including Indonesia operations were sold to Leighton Contractors. [2] [3] Thiess re-entered the Indoneasian market when Thiess Contractors Indonesia was established in 1988 and, working in a joint venture with PT Mintekindo Utama Into, started undertaking mining activities. [4]
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The Indonesian Employers’ Association (APINDO) is the representative of business world established on January 31, 1952, under leadership of the National Board (DPN) located in Jakarta, Provincial Boards in 34 provinces and approximately 350 Cities/Regencies Boards all over Indonesia.